Speer Charitable Trust
Preselected recipients only
Speer Charitable Trust is a private foundation in Memphis, Tennessee. In tax year 2023 it gave $2.7 million in 50 grants; the typical grant was $22,000 and the largest $400,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$2.7 million
- Number of grants50
- Typical grant$22,000
- Largest grant$400,000
- Assets$60.3 million
- New grantees20%
Giving in 2023 was up from $2.2 million the year before.
20% of its 2023 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $2.2 million | 51 | $51.4 million |
| 2023 | $2.7 million | 50 | $60.3 million |
How to apply
Speer Charitable Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Speer Charitable Trust funds
Where it gives
Its grants went to recipients in 5 states, the most to Tennessee.
| State | Grants | Amount |
|---|---|---|
| Tennessee | 43 | $2.5 million |
| Virginia | 1 | $100,000 |
| Massachusetts | 3 | $60,000 |
| New York | 2 | $6,500 |
| New Jersey | 1 | $600 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| St Jude | Program related | $400,000 |
| St Paul Catholic School | Program related | $385,000 |
| Ave Maria Home | Program related | $250,000 |
| Christian Brothers University | Program related | $200,000 |
| Mid-South Food Bank | Program related | $162,000 |
| Harwood Center | Program related | $102,000 |
| Catholic Charities | Program related | $100,000 |
| Catholic Charities of West Tennessee | Program related | $100,000 |
| Mifa | Program related | $80,000 |
| Catholic Diocese of Memphis | Program related | $75,500 |
| Alliance Healthcare Services | Program related | $75,000 |
| A Step Ahead Foundation | Program related | $50,000 |
| Jiff | Program related | $50,000 |
| Room in the Inn Memphis | Program related | $50,000 |
| St Benedicts High School Annual Fund | Program related | $50,000 |
| St Mary's Catholic Church of Boston | Program related | $50,000 |
| TN Wildlife Foundation | Program related | $50,000 |
| University of Memphis Foundation | Program related | $50,000 |
| St Louis Church | Program related | $45,000 |
| Incarnation Catholic Church | Program related | $27,750 |
| Birthright of Memphis | Program related | $25,100 |
| Church Health Center | Program related | $25,000 |
| Memphis Botanic Gardens | Program related | $25,000 |
| St Ann Catholic School | Program related | $25,000 |
| University of Memphis Law School | Program related | $24,000 |
| Memphis Union Mission | Program related | $20,000 |
| Porter-Leath | Program related | $20,000 |
| Orphanos Foundation | Program related | $20,000 |
| Cancer Card Exchange | Program related | $15,000 |
| Carpenter Art Garden | Program related | $15,000 |
| Wkno | Program related | $11,000 |
| Chickasaw Council Bsa | Program related | $10,000 |
| Holy Rosary Catholic School | Program related | $10,000 |
| New Ballet Ensemble & School | Program related | $10,000 |
| Juvenile Diabetes Research | Program related | $6,000 |
| Archdiocese of Boston | Program related | $5,000 |
| Madonna Learning Center | Program related | $5,000 |
| Memphis Joy Prom | Program related | $5,000 |
| St Mary - St Catherine of Sienna | Program related | $5,000 |
| West Cancer Foundation | Program related | $5,000 |
Officers and trustees
- Stephen W Vescovo
- C T Courtenay
- Chris Koch
Questions people ask
Does Speer Charitable Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Speer Charitable Trust give?
$2.7 million in tax year 2023, across 50 grants, with a typical grant of $22,000.
Who runs Speer Charitable Trust?
Its 2023 filing lists Stephen W Vescovo (President and Trustee), C T Courtenay (Treasurer and Trustee) and Chris Koch (Secretary and Trustee).
What does Speer Charitable Trust fund?
Based on its grants, mainly faith communities, education and health.